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For sale
  • Price cut: $45K (7/6)
    $1,250,000

    531 Athens St, Tarpon Springs, FL 34689

    2beds
    2,772sqft
    : 
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    Single Family Residence
    Built in 1911
    4,395 Square Feet Lot
    $1,194,900 Zestimate®
    $451/sqft
    $-- HOA

    What's special

    Full kitchen
    Virtually Staged. Virtually Staged. Exceptional mixed-use investment opportunity in the heart of the world-famous Tarpon Springs Sponge Docks. Located on highly desirable Athens Street, this income-producing property offers the perfect blend of commercial and short-term rental potential in one of Florida’s most vibrant waterfront destinations. All structural renovations have been complete. Building is fortified and reinforced. The downstairs commercial space is home to an established full bar with a long-term tenant already in place, providing immediate and consistent income. Upstairs features a beautifully versatile residential space ideal for Airbnb or vacation rental use, complete with 2 sleeping areas including a private bedroom and loft, full kitchen, full bathroom, and a layout designed for comfortable coastal living. Photos show potential renovation ideas. Positioned just steps from the marina, restaurants, nightlife, live music, shopping, and the historic Sponge Docks, this property offers strong tourism appeal and exceptional upside for investors seeking cash flow and future growth potential. Rare opportunity to own a prime property in one of Tampa Bay’s most iconic destination locations. (this property is also listed commercially TB8506284)
    64 days
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    248
    |
    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Christina Paolillo 727-458-2482,

    CHARLES RUTENBERG REALTY INC 727-538-9200

    Source: Stellar MLS,MLS#: TB8506409MLS LogoOriginating MLS: Suncoast Tampa

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Built-in Closet
      • Level: Second
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Dinette
      • Level: Second
      • Area: 56 Square Feet
      • Dimensions: 7x8
      Kitchen
      • Level: Second
      • Area: 140 Square Feet
      • Dimensions: 10x14
      Living room
      • Level: Second
      • Area: 252 Square Feet
      • Dimensions: 18x14
      Heating
      • None, Other
      Cooling
      • Ductless, None
      Appliances
      • Included: None
      • Laundry: Other
      Features
      • None
      • Flooring: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 2,772
      • Total interior livable area: 2,772 sqft
      Video & virtual tour

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony
      Lot
      • Size: 4,395 Square Feet
      Details
      • Parcel number: 122715412380000020
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1911

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: HOPES B
      HOA
      • Has HOA: No
      Location
      • Region: Tarpon Springs

      Financial & listing details

      • Price per square foot: $451/sqft
      • Tax assessed value: $385,000
      • Annual tax amount: $8,047
      • Date on market: 5/7/2026
      • Cumulative days on market: 65 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Asphalt, Brick

        Estimated market value

        $1,194,900

        $1.14M - $1.25M

        $2,598/mo

        Price history

        DateEventPrice
        7/6/2026Price change$1,250,000-3.5%$451/sqft
        Source: Stellar MLS #TB8506409 Report a problem
        5/7/2026Listed for sale$1,295,000-0.4%$467/sqft
        Source: Stellar MLS #TB8506409 Report a problem
        6/10/2025Listing removed--
        Source: Owner Report a problem
        4/24/2025Listed for sale$1,300,000+632.8%$469/sqft
        Source: Owner Report a problem
        1/11/2023Sold$177,400$64/sqft
        Source: Public Record Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        10/23/2018Listing removed$1,200
        Source: Owner Report a problem
        9/20/2018Listed for rent$1,200
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,097 +5.1%$385,000 +6.9%
        2023$6,754 +6.4%$360,000 +9.1%
        2022$6,349 +7.2%$330,000 +10%
        2021$5,921 +7.6%$300,000 +9.1%
        2020$5,501 +3.3%$275,000 +4.2%
        2019$5,325 $264,000 +2.3%
        2018$5,325 +1.3%$258,000 +1.2%
        2017$5,258 +4.4%$255,000 +6.3%
        2016$5,037 +2.9%$240,000 +5.3%
        2015$4,894 +2.7%$228,000 +3.2%
        2014$4,764 $221,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34689

        Getting around

        69 / 100
        Somewhat Walkable
        26 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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